Vulcan Materials (VMC)

• Market cap: $33.4B
• 1 day: -2.22%
• 5 days: -6.43%
• 1 month: -8.23%
• 3 months: -10.07%
• 6 months: 2.03%
• Year to date: -1.06%
• 1 year: -0.22%
• 5 years: 88.77%
• 10 years: 215.21%
• Sector: Materials
• Industry: Mining & Quarrying of Nonmetallic Minerals, Except Fuels

About: Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2024, Vulcan sold 219.9 million tons of aggregates, 13.6 million tons of asphalt mix, and 3.6million cubic yards of ready-mix. As of Dec. 31, 2023, the company had nearly 16 billion tons of aggregates reserves.

Employees: 11,436

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

259% more call options, than puts

Call options by funds: $71.4M | Put options by funds: $19.9M

61% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 70

33% more funds holding in top 10

Funds holding in top 10: 12 [Q3] → 16 (+4) [Q4]

2% more funds holding

Funds holding: 869 [Q3] → 884 (+15) [Q4]

8% more repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 299

0% more capital invested

Capital invested by funds: $31.3B [Q3] → $31.3B (+$5.51M) [Q4]

3.33% less ownership

Funds ownership: 94.81% [Q3] → 91.49% (-3.33%) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $286 13% upside
• Avg. target: $299 18% upside
• High target: $325 29% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

RBC Capital Mike Dahl 52% 1-year accuracy 28 / 54 met price target	13% upside $286	Sector Perform Maintained	19 Feb 2025
Raymond James Patrick Tyler Brown 65% 1-year accuracy 26 / 40 met price target	17% upside $295	Outperform Maintained	16 Jan 2025
Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target	19% upside $301	Buy Maintained	6 Jan 2025
Stephens & Co. Trey Grooms 55% 1-year accuracy 12 / 22 met price target	29% upside $325	Overweight Reiterated	2 Jan 2025
JP Morgan Adrian Huerta 75% 1-year accuracy 3 / 4 met price target	15% upside $290	Neutral Maintained	27 Nov 2024